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7.4% Cap Rate 225 Mason Ave 8 196 pi² Commerce de détail Immeuble Cape Charles, VA 23310 3 132 175 $ CAD (382,16 $ CAD/pi²) 7,45% Taux de capitalisation
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FAITS SAILLANTS DE L'INVESTISSEMENT
- 8,196 SF of newly redeveloped space
- Award winning and established distillery
- Located in the heart of the Boutique Shopping District
- Custom built for tenant
- 10 year lease
RÉSUMÉ DE L'ANNONCE
One South Commercial is excited to offer the exclusive listing for 225 Mason Avenue in Cape Charles, VA. This fully restored property, spanning 8,196 square feet, has been meticulously upgraded for the award winning Cape Charles Distillery. The developer revitalized an iconic building, formerly a hardware store, and transformed it into one of Cape Charles’ signature businesses, breathing new life into the structure. The custom construction features two floors of retail lounge seating, a commercial kitchen on the first floor, a private event room on the second floor, and a rooftop deck with stunning views of the town. Located in the heart of the historic retail district, this property serves as a vibrant hub for both locals and visitors.
CAPE CHARLES DISTILLERY
Cape Charles Distillery proudly stands as the first distillery on the Eastern Shore, utilizing locally sourced ingredients and pure water from the Blue Ridge Mountains to craft premium spirits. Founded in 2017, the distillery opened its retail doors in the spring of 2018 and has since rapidly gained popularity across Virginia Beach, Norfolk, and the Eastern Shore.
From 2019 to 2023, Cape Charles Distillery has been named the Best Distillery in Eastern Virginia by Virginia Living magazine for five consecutive years. Additionally,
it has been recognized as one of the top 10 distilleries in the state by the Virginia Alcoholic Beverage Control Authority (VABC). Achieving such accolades in under three years is a testament to the distillery’s exceptional quality. Cape Charles Distillery’s products are a must have for any bar, restaurant, or spirits retailer.
CAPE CHARLES DISTILLERY
Cape Charles Distillery proudly stands as the first distillery on the Eastern Shore, utilizing locally sourced ingredients and pure water from the Blue Ridge Mountains to craft premium spirits. Founded in 2017, the distillery opened its retail doors in the spring of 2018 and has since rapidly gained popularity across Virginia Beach, Norfolk, and the Eastern Shore.
From 2019 to 2023, Cape Charles Distillery has been named the Best Distillery in Eastern Virginia by Virginia Living magazine for five consecutive years. Additionally,
it has been recognized as one of the top 10 distilleries in the state by the Virginia Alcoholic Beverage Control Authority (VABC). Achieving such accolades in under three years is a testament to the distillery’s exceptional quality. Cape Charles Distillery’s products are a must have for any bar, restaurant, or spirits retailer.
FAITS SUR LA PROPRIÉTÉ Sous contrat
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
8 196 pi²
Classe d’immeuble
C
Année de construction
1910
Prix
3 132 175 $ CAD
Prix par pi²
382,16 $ CAD
Taux de capitalisation
7,45%
Revenu net d’exploitation
233 364 $ CAD
Location
Unique
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
1,57
Taille du lot
0,12 AC
Zone de développement économique
Oui
Façade
Impôts fonciers
| Numéro de lot | 83A3-1-630 | Évaluation des bâtiments | 467 684 $ CAD |
| Évaluation du terrain | 380 850 $ CAD | Évaluation totale | 848 534 $ CAD |
Impôts fonciers
Numéro de lot
83A3-1-630
Évaluation du terrain
380 850 $ CAD
Évaluation des bâtiments
467 684 $ CAD
Évaluation totale
848 534 $ CAD
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7.4% Cap Rate | 225 Mason Ave
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